Accumulation Unit Values. The Accumulation Unit value for each Sub-Account on any Valuation Day is determined by multiplying the Accumulation Unit value on the prior Valuation Day by the net investment factor for the Valuation Period. The net investment factor is used to measure the investment performance of a Sub-Account from one Valuation Period to the next. A net investment factor is determined for each Sub-Account for each Valuation Period. The net investment factor may be greater or less than one, so the value of an Accumulation Unit can increase or decrease. The net investment factor for any Sub-Account for any Valuation Period is determined by dividing (1) by (2) and subtracting (3), where:
Appears in 11 contracts
Samples: Individual Flexible Premium Deferred Fixed and Variable Annuity Contract (Variable Annuity Account a of Protective Life), Individual Flexible Premium Deferred Fixed and Variable Annuity Contract (Variable Annuity Account a of Protective Life), Group Flexible Premium Deferred Variable Annuity Contract (Protective Variable Annuity Separate Account)
Accumulation Unit Values. The Accumulation Unit value for each Sub-Account on any Valuation Day is determined by multiplying the Accumulation Unit value on the prior Valuation Day by the net investment factor for the Valuation Period. The net investment factor is used to measure the investment performance of a Sub-Account from one Valuation Period to the next. A net investment factor is determined for each Sub-Account for each Valuation Period. The net investment factor may be greater or less than one, so the value of an Accumulation Unit can increase or decrease. Net Investment Factor β The net investment factor for any Sub-Account for any Valuation Period is determined by dividing (1) by (2) and subtracting (3), whereas follows:
Appears in 7 contracts
Samples: Individual Flexible Premium Deferred Variable Annuity Contract (PLAIC Variable Annuity Account S), Individual Flexible Premium Deferred Variable Annuity Contract (Variable Annuity Account a of Protective Life), Individual Flexible Premium Deferred Variable Annuity Contract (Protective Variable Annuity Separate Account)
Accumulation Unit Values. The Accumulation Unit value for each Sub-Account on any Valuation Day is determined by multiplying the Accumulation Unit value on the prior Valuation Day by the net investment factor for the Valuation Period. The net investment factor is used to measure the investment performance of a Sub-Account from one Valuation Period to the next. A net investment factor is determined for each Sub-Account for each Valuation Period. The net investment factor may be greater or less than one, so the value of an Accumulation Unit can increase or decrease. Net Investment Factor β The net investment factor for any Sub-Account for any Valuation Period is determined by dividing (1) by (2) and subtracting (3), whereas follows:
Appears in 2 contracts
Samples: Sep Ira Agreement, Sep Ira Agreement
